When he was the top American administrator in Iraq, L. Paul Bremer III set a rule that upheld Iraqi law: anyone 25 years and older with a “good reputation and character” could own one firearm, including an AK-47 assault rifle. Iraqi citizens quickly began arming themselves. Akram Abdul Zahra has a revolver handy at his […]
The prices received by soybean farmers in Brazil, the world’s second-largest soybean producer and exporter, tumbled 30%, in part because of China’s decision to cut back on imports and in part because of a bumper soybean crop in the United States, the world’s leading exporter (Todd Benson, “A Harvest at Peril,” New York Times, January […]
Green et al. (2005) estimate the supply and demand curves for California processed tomatoes. The supply function is (Q) = 0.2 + 0.55 ln(p), where Q is the quantity of processing tomatoes in millions of tons per year and p is the price in dollars per ton. The demand function is where is in (Q) […]
For years, Anthony Gallis, his wife, and their four children traveled from Dallas, Pennsylvania to South Bend, Indiana where they rented a house for $1,200 a weekend so that they could see Notre Dame football games. On the weekend of the 2006 home opener against Penn State, someone else arranged to rent his house months […]
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